CV Sciences Inc (CVSI)

[CashMoneyCarl]

..they will begin to take on debt, issue new stock for a capital raise and a whole lot of things may go wrong.

I was thinking about this last night. Earlier this week CVSI paid off its balance of $850,000 in debt to become debt free. That was good news. Then I started thinking down the road about future clinical trials, etc.. and just as you said, that will require a lot of money. Money that will likely come from issuing new stock, acquiring more debt, etc.

That's the only negative thing I see about paying off the current debt. Imagine how stockholders will react having to go from being debt free to taking on say, $5 million in debt or so. The stock price is not going to react well. I don't think the perception will be an easy pill to swallow even though the trials are potentially worth the risk. But as the old adage goes, you have to spend money to make money.